4, ELM WAY, MELBOURN, ROYSTON, SG8 6UH - £615,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 ELM WAY is a midsized extended detached house of 127m², built sometime between 1991 and 1995. It was last sold for £615,000 in January 2022, which was around 10% above the average January 2022 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

4 ELM WAY Sold Prices

Land registry data shows three sales for 4 ELM WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. All of the three 4 ELM WAY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 14 JAN	£615,000	£561,049	10% above HPI
2015 1 APR	£445,000	£431,170	3% above HPI
1996 22 NOV	£144,950	£110,060	32% above HPI

4 ELM WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The three 4 ELM WAY sales between November 1996 and January 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2015 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the January 2022 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 4 ELM WAY?

4 ELM WAY is 127m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 50% of detached houses in Melbourn, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourn, and where 4 ELM WAY lies on this distribution: 42% of detached houses are smaller than 4 ELM WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Melbourn.

4 ELM WAY: Plot and Title Map

4 ELM WAY sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 4 ELM WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 4 ELM WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 4 ELM WAY?

4 ELM WAY is located in MELBOURN, in the SG8 postcode district. The below map shows the position of No. 4 on ELM WAY.